Large Trader Reporting Requirements, All Month/Any One Month Position Accountability Levels, Expiration Month Position Limits, and Diminishing Balances and Aggregation Allocations for Nine (9) New European and Singapore Fuel Oil Mini and BALMO Swap Futures Contracts, and Amendments to the Header Notes of the Position Limit, Position Accountability and Reportable Level Table

In connection with the launch of nine (9) new European and Singapore Fuel Oil Mini and BALMO Swap Futures contracts on trade date March 8, 2010, please note below the corresponding all month/any one month accountability levels (NYMEX Rule 560), expiration month position limits (NYMEX Rule 559), reportable levels (NYMEX Rule 561), and diminishing and aggregation allocations for the new contracts.  These contracts will be added to the Position Limit, Position Accountability and Reportable Level Table located in the Interpretations and Special Notices Section of Chapter 5 of the NYMEX Rulebook.  The commodity codes are provided for the Clearing Members that file reports pursuant to NYMEX Rule 561.A in a machine-readable format.   

In addition, amendments to the Header Notes of the Position Limit, Position Accountability and Reportable Level Table include the addition of the equivalent quantity of the base contract into which the new Mini contracts aggregate.                 

Contract related questions can be directed to Anthony V. Densieski, Director, Market Surveillance at 212.299.2881, or Chris Reinhardt, Supervisor, Market Surveillance at 212.299.2884. 

(Bold/underlining indicates additions; strikethrough indicates deletions.)

POSITION LIMIT, POSITION ACCOUNTABILITY AND REPORTABLE LEVEL TABLE

Header Notes

1. Position Limits and Any One Month/All Month/Expiration Month Position Accountability Levels shall

be calculated on a net futures-equivalent basis by commodity, and will include commodities that aggregate into one or more base contracts as set forth in the Table.

The Exchange may require compliance with position accountability levels on a futures-only basis to

the base contracts into which other contracts aggregate.

For commodities that aggregate into only one base contract, the base contract will be identified in the first “Aggregate Into” column (Aggregate Into column (1) and will denote a positive correlation with the base commodity contract. For commodities that aggregate into two separate base contracts, the base contract noted in the first “Aggregate Into” column (Aggregate Into column (1) will denote a positive correlation and the base contract noted in the second Aggregate Into column (Aggregate into column (2) will denote a negative correlation with respect to the base commodity contract.

For purposes of calculating futures-equivalent positions, the following shall apply:

An E-mini Crude Oil Futures Contract shall be deemed equivalent to .50 of a Crude Oil Financial

Contract;

An E-mini Natural Gas Futures Contract shall be deemed equivalent to .25 of a Henry Hub

Penultimate Financial Futures Contract;

An E-mini Gasoline Futures Contract shall be deemed equivalent to .50 of a RBOB Gasoline

Financial Futures Contract;

An E-mini Heating Oil Futures Contract shall be deemed equivalent to .50 of a Heating Oil

Financial Futures Contract;

The following Mini European and Mini Singapore contracts shall be deemed equivalent to .10 of the quantity of the base contract into which it aggregates:

Mini European 3.5% Fuel Oil (Platts) Barges FOB Rdam Swap Futures

Mini Singapore Fuel Oil 180 cst (Platts) Swap Futures

Mini European 1% Fuel Oil (Platts) Barges FOB Rdam Swap Futures

Mini European 1% Fuel Oil (Platts) Cargoes FOB NWE Swap Futures

An ON-Peak contract month shall be deemed 340 hours for:

ISO New England;

Midwest Independent Transmission System Operator, Inc. (MISO); and

PJM Interconnection, LLC

An OFF-Peak contract month shall be deemed 390 Hours for:

ISO New England;

Midwest Independent Transmission System Operator, Inc. (MISO);

New York Independent Systems Operator (NYISO); and

PJM Interconnection, LLC.

(Remainder of the rule is unchanged.)